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In the blockchain field, CFX is attracting more and more follow. While we should not overly exaggerate its position, comparing it with some well-known projects can help us better understand its potential.
First, let's take a look at the background of the CFX founding team. The founder won a gold medal at the Olympic competition at the age of 16 and was admitted to the famous Yao Class at the age of 18. The entire founding team is based on the Yao Class, showcasing strong technical strength and innovative ability.
In terms of business, CFX is actively expanding its stablecoin operations. With the launch of the Hong Kong stablecoin, CFX is expected to make breakthroughs in this field. Especially in the context of the Belt and Road Initiative, the stablecoin market has enormous potential, possibly reaching a trillion scale.
Now, let's take a look at the market capitalization. Currently, the market capitalization of CFX is about 1 billion, while some competitors have reached a market capitalization of 30 billion. This huge gap inevitably raises the question: where should the true value of CFX lie?
Although the current valuation of CFX is only 5U, this may just be the beginning. Considering its strong technical background, potential business growth, and relatively low current valuation, CFX seems to have a lot of room for upward movement.
However, we also need to remain rational. The blockchain market is ever-changing, and the future of any project is filled with uncertainty. Investors should act with caution, making decisions only after fully understanding the project background and risks. CFX is undoubtedly a project worth following, but its ultimate value will take time to prove.